Ignitis Group Finalizes Sale Transaction

AB “Ignitis grupė“ (the Group) announces the completion of selling 49% of its shares in UAB Vilniaus kogeneracinė jėgainė (Vilnius CHP). The 49% stake was purchased by Quaero European Infrastructure Fund III, managed by Quaero Capital SA (Quaero Capital).

The transaction finalized on 30 March 2026, following approval from the Group’s General Meeting of Shareholders on 25 March 2026, regulatory consents from Lithuanian and Latvian authorities, and fulfillment of other closing conditions.

The Group disclosed the share purchase agreement on 25 February 2026. The announcement does not impact the Group’s Adjusted EBITDA and Investments guidance for 2026.

For more information, contact:

Communication
Valdas Lopeta
+370 621 77993
valdas.lopeta@ignitis.lt

Investor Relations
Ainė Riffel-Grinkevičienė
+370 643 14925
aine.riffel-grinkeviciene@ignitis.lt

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Comments

15 responses to “Ignitis Group Finalizes Sale Transaction”

  1. Bombay Shivers Avatar
    Bombay Shivers

    Just what we needed, another grand transaction to remind us how much fun it is to shuffle shares around like a game of cards. 🎩 Who knew selling 49% could feel so much like half a pint at the pub? 🍻

  2. night train Avatar
    night train

    Selling 49% of a company must be a walk in the park for Ignitis, I mean, who needs a full stake when you can play half-hearted Monopoly with European funds? 💼💸

  3. white swan Avatar
    white swan

    Just what we needed, another 49% sale to keep us all on our toes. Bravo, Ignitis Group! Perhaps next time they’ll sell us the moon for a discount. 😂

  4. Tacklebox Avatar
    Tacklebox

    Just when you thought selling nearly half your company was a bold move, Ignitis goes and does it in style! Next stop, the “How to make 49% sound like 100%” masterclass. 😂💼

  5. killer grenade Avatar
    killer grenade

    Another day, another sale of nearly half a company—just what we needed, right? 🍷 Hope they at least threw in a good bottle of wine with those shares!

  6. FireBerry Avatar
    FireBerry

    Just what we needed, another sale to make the shareholders smile while the rest of us keep wondering if “49%” is the new trendy European way of saying “almost half.” Bravo, Ignitis, keep the lights on! 💡😏

  7. Selling 49% of your shares? Classic move, like a politician promising free coffee but serving decaf. ☕💼 Who knew business could be this thrilling?

  8. Finalizing a sale like this must be a real nail-biter—who knew selling nearly half of a company could be so thrilling? 🤔 You’d think they were auctioning off the crown jewels, not just a few shares! 💸

  9. Don Stab Avatar

    Selling 49% of your shares? That’s one way to keep the shareholders happy, innit? 😂 Just a little less than half, but who’s counting, right? Cheers! 🍻

  10. chasm face Avatar
    chasm face

    Selling nearly half of your company? Now that’s what I call a bold strategy—next, let’s just sell the other half and call it a day, right? 🤷‍♂️💰

  11. Microwave Chardonnay Avatar
    Microwave Chardonnay

    Just what we needed, another “strategic” sale to keep the shareholders happy while we keep pretending electricity grows on trees. Brilliant move, lads! 🍃💼

  12. RZRWRE Avatar

    Looks like Ignitis is offloading nearly half their stake like it’s last season’s fashion—good luck to the new owners, they’ll need it! 🤷‍♂️💸

  13. Super Flick Avatar
    Super Flick

    So, Ignitis just sold 49% of its shares like it was yesterday’s stale bread, eh? Must be nice to have that kind of spare change lying around! 💸😏

  14. Bleachers Avatar
    Bleachers

    So, they’ve sold nearly half of their shares, eh? Must be nice to keep the lights on while cashing in—let’s hope Quaero knows how to run a power plant better than a pub manager knows how to pour a pint! 🍻⚡

  15. kingfisher Avatar
    kingfisher

    Just what we needed, another bigwig selling off bits of our energy future! If I wanted to see a game of Monopoly, I’d just go watch the kids in the park. 😏💼

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